11. Assistants have as much security as their bosses. 12. Banks and other companies can treat these securities as debt for tax reasons and deduct the interest while counting them as capital for regulatory purposes. 13. Bear Stearns officials said the firm stood by the method used to price the securities as the market was collapsing. 14. Because of the rate of fails, said one trader who insisted on anonymity, dealers are reluctant to use their securities as collateral. 15. Bonds rose in Asian trading after stock markets in the region slumped, rekindling the allure of Treasury securities as a refuge for investors. 16. Bonds were also underpinned as declines in U.S. stocks prompted investors to look to Treasury securities as a refuge from turbulent equity markets. 17. Bonds decline more than shorter-term securities as inflation forecasts rise. 18. Bonds declined in Asian trading as stock markets there steadied -- reducing demand for U.S. government securities as a refuge from tumultuous overseas markets. 19. Bonds rallied in recent months as investors bought U.S. government securities as a haven from tumbling Asian currencies and stock markets. 20. A more fruitful approach is to look at Internet security as a kind of worldwide public health problem, and ask how we can improve public hygiene. |